Noble Group: Successful Breakout

Noble Group has broken out from a Falling wedge since my last post.

Currently Noble Group broke the 200D MA resistance with 20D MA crosses up 50D MA. Current chart looks bullish and the breakout price target of $2.20 is on track. $1.845 (78.6% Fibonacci Retracement Level) should provide a good support for the bull to charge.

This Post Has One Comment

  1. RL

    If the ‘correct’ candle is formed tomorrow, it will complete a Rising Three Methods bullish continuation pattern.

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